Krishnapatnam Port Container Terminal Pvt Ltd
CONTAINER TERMINAL OF THE YEAR (BELOW 600,000 TEUS)
ne of the prominent container handling facilities on the east coast of India is Krishnapatnam Port Container Terminal which since its inception has constantly evolved itself to continue with robust growth in cargo volume. The terminal’s strategy to enter into new markets and serving the trade with advanced and more efficient infrastructure helped it to register a whopping Y-O-Y growth of 115 per cent in FY2016-17. Recognising its efforts and achievements in the segment the jury selected Krishnapatnam Port Container Terminal as the winner of “Container Terminal of the Year” for the below 0.6 million teus category. One of the highlights of the terminal’s achievement has been significant growth in transshipment cargo volume. Transhipment on east coast has been an untapped market as most of the cargo is still being handled at the nearest foreign hub ports. First time, KPCT has started handling transhipment cargo under PIX service which was earlier used to serve the Singapore transhipment hub. With the launch of this new service KPCT has become one of the emerging transhipment handling container terminals in south and east India. The surge in
EXIM transactions at the terminal could also be attributed to the commencement of CONCOR’S new rail movement between ICD Bangalore and ICD Sanath Nagar to KPCT. Several mainline carriers have started their services from KPCT as the support of exporters and importers to KPCT grew exponentially. Positive growth across all performance parameters of the terminal is likely to further ramp up growth of the terminal in the coming years.
(L to R) Capt Vivek S Anand, President,
Venkatesh, Director, Krishnapatnam Port Container Terminal Pvt Ltd; Capt Rahul Choudhuri, MD,AMEA,VERITAS Petroleum Services